Bitcoin sits between $62K support and $65K resistance zones as traders brace for Monday’s Senate vote on the CLARITY Act outcomes.
Bitcoin dropped from $66,300 to $64,077 in a single session, according to Smart Money Crypto on X. Eighty-four percent of liquidated futures positions in the following 24 hours were longs.
The pullback pushed price into a tight range between two liquidation clusters. One sits below the market, one sits above it. Traders are now watching which zone breaks first.
Bitcoin Liquidation Map Shows Two Key Price Zones
The heavier cluster sits between $61,400 and $62,600, according to data shared by Smart Money Crypto.
More than seven billion dollars in leveraged positions sit stacked in that range. It marks the densest liquidity pocket on the entire chart. The zone thins out sharply once price drops another thousand dollars below it.
#Bitcoin ist gestern von $66.300 auf $64.077 durchgereicht worden. In den 24 Stunden danach entfielen 84 Prozent aller liquidierten Futures-Positionen auf Longs.
Rechnen wir die Karte durch, die um diesen Kurs herum liegt. Liquidität verteilt sich nicht gleichmäßig über die… pic.twitter.com/7aglk2VhQT
— Smart Money Crypto (@Smart_Money) July 25, 2026
A lighter cluster sits above current price, between $65,000 and $65,400. About five billion dollars in leveraged exposure sits there.
Bitcoin was trading inside that zone before yesterday’s drop. Ted Pillows noted on X that Bitcoin lost the $65,000 support level. He pointed to $62,500 to $63,000 as the next zone that needs to hold for a leg higher.
CoinGecko data placed Bitcoin at $63,877.62, down 1.55 percent over 24 hours. Weekly trading volume reached $23.97 billion. The price stood just 0.03% higher than a week earlier.
Open Interest Climbs Despite Falling Bitcoin Price
Open interest has risen for three straight days even as price fell, Smart Money Crypto reported. That divergence suggests new positions are entering the market during the sell-off.
The long-to-short ratio on Binance climbed from 1.24 to 1.86 within a week. Someone is adding exposure while price moves lower.
Funding rates remain neutral, showing no overheated premium on long positions.
The sell-off itself ran on thin volume. Order book activity resembled a chain reaction of forced liquidations rather than organic selling, per the same account.
Moreover, the Fear and Greed Index sits at 27, a level typically reached near the tail end of a move rather than its start.
The setup creates a contradiction.
Heavier liquidity sits below the current price, but sentiment already looks stretched toward fear. Traders stepping in between both zones risk exposure to a move in either direction.
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CLARITY Act Senate Vote Could Decide Bitcoin’s Next Move
The US Senate is scheduled to vote on the CLARITY Act on Monday.
Smart Money Crypto noted the bill remains short of the votes needed for passage as of the latest count.
A weekend separates current price from both liquidation zones, and weekend order books typically carry lighter volume. That could limit how far price moves before the vote lands.
The last time #Bitcoin formed a Power of Three (PO3) pattern on the weekly timeframe, we witnessed a textbook market cycle.
Following a prolonged accumulation phase throughout 2022, $BTC completed a falling wedge breakout during Q1 2023 (January–February). Before that breakout,… pic.twitter.com/Ys8IWemXdh
— Captain Faibik 🐺 (@CryptoFaibik) July 25, 2026
Separately, Captain Faibik pointed to a weekly Power of Three pattern on X, drawing a comparison to Bitcoin’s 2022 to 2023 cycle. That prior pattern preceded a roughly 280 percent rally over the following year.
Captain Faibik said the current structure looks similar, with accumulation continuing into mid-August under that view.
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